- The Illinois House sent to Gov. James Thompson's desk...

June 16, 1989

- The Illinois House sent to Gov. James Thompson`s desk Thursday a measure that would restrict hostile takeovers of Illinois corporations. The measure would prohibit a party acquiring 15 percent or more of an Illinois corporation`s stock without its board of directors` approval from engaging the corporation in a ``business combination``-which includes a merger, sale of assets or transfer of stock-for three years.